Summary - FLAT 401, THE TANKARD BUILDING, WARWICK BREWERY NG24 1TX
2 bed 1 bath Apartment
Spacious Grade II listed duplex with parking and character near Newark stations.
Allocated parking space behind secure electric barrier
Large duplex layout — almost 1,000 sq ft, double-height living space
Grade II listed building with retained period features
110 years remaining on lease (125-year term from 2010)
Service charge approx. £2,209.30 pa; ground rent £100 pa
Electric heating (room heaters); no gas central heating
Listed status restricts alterations; may complicate works
Wider area classified as deprived with very high crime rates
Set across two levels in the Grade II listed Tankard Building, this duplex apartment combines striking period character with a contemporary finish. The top-floor layout offers a dramatic open-plan living/kitchen space with double-height ceiling, exposed brick and timber joists, plus two double bedrooms and a large bathroom — nearly 1,000 sq ft of flexible space suited to first-time buyers or a secure city bolt‑hole.
Practical positives include an allocated parking space behind an electric barrier, communal lift, bicycle store, and good broadband availability. The long lease (110 years remaining), EPC C (66) and on-site amenities such as a café and gym add convenience and future rental appeal.
Buyers should be aware of material considerations: the building’s listed status can restrict alterations and add complexity to works; the property uses electric heating (room heaters) rather than a gas central system; and the annual service charge is significant at about £2,209.30 with a small ground rent of £100. The wider local area is classified as deprived with very high crime levels, which may affect long‑term resale or lettability for some purchasers.
This home will suit someone who values character and space over a turnkey suburban feel — if you want a dramatic apartment close to town and the train stations, and you’re comfortable with listed‑building limitations and the running costs of electric heating, this offers strong central living at an accessible price point.
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